Any "Latest & Greatest about Delta?" Part 2

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03-10-2025 | 06:21 AM

#7491

Buck Rogers

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Joined: Apr 2018

Posts: 3,576

Likes: 33

Quote:

Originally Posted by 3EngineTaxi

It’s probably a little too late for most people on here.

True. Meant for those that are parents/mentors on the long game. My kids had IRA's starting at 10yo(small $$ but increasing over the years)

If you were being intentionally snarky(kinda seemed so to me) I wonder why? Is there something in my PSA message that offended you or was unreasonable?

03-10-2025 | 06:28 AM

#7492

hockeypilot44

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Joined: Jul 2008

Posts: 5,575

Likes: 316

Quote:

Originally Posted by Uninteresting

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

I just looked because I was curious. I’m down .06 percent this year. Up 15 percent in last 12 months. Is what it is. Doesn’t even faze me.

03-10-2025 | 07:46 AM

#7493

crewdawg

Moderator

Joined: Jul 2006

Posts: 7,417

Likes: 415

Quote:

Originally Posted by hockeypilot44

Every bit helps. We’re 2 percent away from having to put nothing away for retirement and still have money going into MBCBP for most of our captains and maxed out fo’s. It took a couple decades to replace pension. Unfortunately, some are making out better than others.

I'd have much rather have that 2%, and have it adjust yearly to max out our DPSP. That would be more than enough for most Delta pilots to retire comfortably. Ya, we're getting taxed more at that overage, just more money to live life/work less now. Between 401k, TSP, Roth IRA, HSA, taxable brokerage, the last thing I need is more of my money in accounts tied to the market and mostly locked away to my 60s...if I'm lucky enough to live long enough to enjoy it.

Quote:

Originally Posted by hockeypilot44

I just looked because I was curious. I’m down .06 percent this year. Up 15 percent in last 12 months. Is what it is. Doesn’t even faze me.

This! Just more people making a mountain out of a molehill.

03-10-2025 | 08:46 AM

#7494

Gunfighter

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Joined: Apr 2007

Posts: 5,527

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Quote:

Originally Posted by 3EngineTaxi

It’s probably a little too late for most people on here.

But not too late for our kids. Following Buck's advice will help your kids graduate college with 6 figure Roth accounts instead of 6 figure loans. I can point to at least three examples.

03-10-2025 | 08:49 AM

#7495

notEnuf

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Joined: Mar 2015

Posts: 13,215

Likes: 664

From: ir.delta.com

Quote:

Originally Posted by Uninteresting

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

Bilo celhi - Ancient wisdom from Hong Kong. Dollar cost averaging FTW.

03-10-2025 | 04:18 PM

#7496

DeltaboundRedux

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Joined: Nov 2020

Posts: 2,903

Likes: 158

From: Enoch Powell Enthusiast

Quote:

Originally Posted by Uninteresting

guessing many in the plan are happy the past week versus those who funded their entire year into the S&P the past 2 months.

To misquote Churchill, dollar cost averaging in the US broad index funds is the worst possible retirement strategy, except for all others.

03-10-2025 | 04:31 PM

#7497

Softheborder

Line Holder

Joined: Dec 2021

Posts: 225

Likes: 30

Quote:

Originally Posted by crewdawg

Just more people making a mountain out of a molehill.

well, that didn’t age well….

https://www.cnn.com/2025/03/10/busin...ty?cid=ios_app

03-10-2025 | 04:41 PM

#7498

OOfff

Banned

Joined: Sep 2016

Posts: 8,831

Likes: 499

Quote:

Originally Posted by DeltaboundRedux

To misquote Churchill, dollar cost averaging in the US broad index funds is the worst possible retirement strategy, except for all others.

this assumes american hegemony remains in perpetuity

03-10-2025 | 05:09 PM

#7499

m3113n1a1

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Joined: Apr 2018

Posts: 4,093

Likes: 451

Quote:

Originally Posted by OOfff

this assumes american hegemony remains in perpetuity

Yes, replace it with market cap weighted global index like VT or VTWAX. Much better.

03-10-2025 | 05:55 PM

#7500

crewdawg

Moderator

Joined: Jul 2006

Posts: 7,417

Likes: 415

Quote:

Originally Posted by Softheborder

well, that didn’t age well….

https://www.cnn.com/2025/03/10/business/delta-profits-forecast-anxiety?cid=ios_app

Oh no, we're growing less and we may not have a PS next year...better swap out the filets for PB&Js! This is certainly the only time in history that the market has gone down, it probably won't ever rise again.